Author Archives: Editor
Hedge Fund Advisor Oak Hill Promotes William Bohnsack, Jr. to President
New York (HedgeCo.net) – Glenn R. August, Founder and Chief Executive Officer of Oak Hill Advisors, L.P. (“OHA”), today announced the promotion of William H. Bohnsack, Jr. to President. Bohnsack has served as the investment management firm’s Chief Operating Officer since 2001 […]
LPL Financial Launches WomenInvest Marketing and Practice Management Platform
PRNewswire – LPL Financial LLC, the nation’s largest independent broker-dealer* and a wholly owned subsidiary of LPL Investment Holdings Inc. (NASDAQ: LPLA), today announced the launch of WomenInvest, a new marketing and practice management platform. WomenInvest provides a comprehensive suite of […]
Hedge fund Pentagon Capital Management’s fine is increased to $100m
Telegraph – Pentagon Capital Management, which was run by Lewis Chester, a contemporary of David Cameron at Oxford University, was ordered in February by US District Judge Robert Sweet to pay $76.8m after the fund was found to have engaged […]
San Francisco 49ers Team Up With Hedge Fund Industry to Prevent Child Abuse
New York (HedgeCo.net) – The San Francisco 49ers’ players, coaches, alumni, cheerleaders and team co-chairman John York will make a special appearance at the 11th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care […]
Changing of the Guard for Hedge Funds
Forbes – The dynamics of the hedge fund industry are changing and so are the managers. The days of expert networks, massive fund inflows and controlled trading are history. Hedge funds are seeing outflows compared with other investments, like high frequency trading funds and […]
JOBS Act to Bring Light to Hedge Funds
Wall Street Pit – A great example of way regulations tend to protect industries from competition more than help consumers, a great example is the law that prevents hedge funds from disseminating their performance. This allows funds to create massive […]
Evidence of fraud at MF Global
Futures – The Commodity Customer Coalition delivered a memo to U.S. Attorney General Eric Holder as well as U.S. attorneys from New York and Chicago and members of Congress stating that there is clear evidence of an intent to commit […]
Dame Amelia offers hedge funds a regulatory window
The Globe and Mail – For the hedge fund industry, facing the threat of heavy regulation, it comes down to the old maxim: If you want something done right, do it yourself. Hedge funds were vilified for feeding the U.S. housing […]
Fuchs Seeks $800m For Nomura-Backed Hedge Fund
Jakarta Globe – Former Nomura Holdings trader Benjamin Fuchs will launch a multi-strategy hedge fund on June 1 with backing from Japan’s largest investment bank, expanding the list of high-profile start-ups this year. Nomura will match the amount that Fuchs’ […]
NY hedge fund manager Loeb launches open war on Yahoo
FirstPost: Tech – Hedge fund manager Daniel Loeb has intensified his firm Third Point’s proxy battle with Yahoo, launching a website calling for a management shakeup at the online media company. ValueYahoo.com also boasts a blog, links to articles covering […]
Hedge Fund Launches: Orwell Currency Alpha I and II
New York (HedgeCo.net) -Orwell Capital, a UK based hedge fund manager, is launching two absolute return funds in Q2 2012. The funds, Orwell Currency Alpha I and II, aim to generate consistent positive returns through a systematic investment strategy using […]
AR Magazine: Hedge Fund Managers – 2011’s Top 5 Earners
New York (HedgeCo.net) – The hedge fund industry’s top 25 managers took home a combined $14.4 billion in 2011, according to AR magazine’s annual Rich List survey of the world’s top-earning hedge fund managers. The average pay for the top […]